An Individual Taxpayer Identification Number (ITIN) is a unique identification number assigned by the Internal Revenue Service (IRS) to individuals who are required to have a taxpayer identification number but do not have, or are not eligible to obtain, a Social Security Number (SSN). The ITIN is used for tax purposes and is required for certain tax-related transactions. However, ITINs are assigned for a specific period and need to be renewed periodically to maintain their validity.

If an ITIN is not used on a federal tax return at least once in the last three consecutive years, it will expire. Additionally, ITINs that have the middle digits of 78 or 79 will expire at the end of 2021. It’s important to renew the ITIN in a timely manner to avoid any delays or complications when filing taxes or carrying out other tax-related transactions.

This guide will walk you through the renewal application process of your ITIN. From determining if your ITIN needs to be renewed, to gathering the necessary documentation, and submitting the form and federal tax return. By following this guide, you can ensure that your ITIN renewal process is smooth and without any delays.

How to renew your ITIN?

To renew an ITIN (Individual Taxpayer Identification Number), individuals must complete and submit Form W-7 to the Internal Revenue Service (IRS), along with the necessary documentation and a federal income tax return. Here is a step-by-step guide on how to renew an ITIN:

  1. Determine if your ITIN needs to be renewed: An ITIN is valid for a specific period of time. If it has not been used on a tax return for at least three consecutive years, it will expire.

  2. Gather the necessary documentation: Depending on your citizenship and residency status, you may need to provide proof of identity and foreign status. Examples of accepted documents include a passport, birth certificate, or national identification card.
  3. Complete Form W-7: Form W-7 is the application form for an ITIN. It is available on the IRS website or through a tax professional.
  4. Submit the Form W-7, documentation, and tax return: You can submit the form, documentation, and tax return by mail or in-person at a designated IRS Taxpayer Assistance Center.
  5. Wait for the ITIN to be issued: The IRS will review your application and if everything is in order, you will receive an ITIN within 7-10 weeks.

It’s important to note that if you are already in the United States, you may be able to apply for an ITIN at certain designated acceptance agent locations. Additionally, some third-party companies are authorized to assist with ITIN renewal, you can find more information on the IRS website.

It’s also important to note that an ITIN does not authorize work in the U.S. or provide eligibility for Social Security benefits, its only purpose is for tax purposes. It’s recommended to renew the ITIN in a timely manner to avoid any delays or complications when filing taxes or carrying out other tax-related transactions.

How to complete form W-7

To complete Form W-7, you will need to provide your personal information, including your full name, address, and date of birth. You will also need to provide documentation to prove your identity and foreign status, such as a passport, national ID card, or birth certificate. If you are applying for an ITIN for a dependent, you will also need to provide documentation to prove their relationship to you, such as a birth certificate or marriage certificate. Once you have gathered all of the necessary information and documentation, you can submit the completed Form W-7 to the IRS, either by mail or through an authorized acceptance agent. It’s always recommended to check the latest version of the form and instructions in the official IRS website to make sure you have the most updated information.

How long does it take to get an ITIN?

The processing time for Form W-7 and ITIN application can vary depending on a number of factors, such as the time of year (for example, processing times may be longer during tax season), the completeness and accuracy of your application, and whether you are submitting your application by mail or through an authorized acceptance agent.

According to the IRS, it can take up to 11 weeks for an ITIN application to be processed if you submit it by mail. If you submit your application through an authorized acceptance agent, the processing time may be shorter. The IRS also indicates that if you submit your application during their peak processing periods, which are typically from January to April and from July to October, the processing time may be longer.

It’s important to keep in mind that the above time frames are estimates and that it may take a longer or shorter time to process your ITIN application. Once you have submitted your application, you can check the status of your ITIN application on the IRS website.

Olivier Wagner is the founder of 1040 Abroad, a leading expert in US expat taxation. He is a best-selling author on the subject, and has over 12 years of experience in helping US expats navigate the complex world of US taxes. With his in-depth knowledge and experience, Olivier is a respected authority in the field and is dedicated to helping US expats understand their tax obligations and take advantage of all the benefits and deductions available to them.

 

 

U.S. Taxes For American Expats E-book

FREE U.S. Tax Guide for Americans Abroad

The only e-book about U.S. Expat Taxes you need to read! Covers

1. Foreign Tax Credit vs. Foreign Earned Income Exclusion

2. The Additional Child Tax Credit. Get a $1,400 refund!

3.  What happens if I don't file?

and more...

Thanks for requesting our free tax guide! It will be delivered to your inbox shortly.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close